Recent plans by the White House to create a strategic Bitcoin reserve may indicate significant changes in U.S. economic policy regarding digital assets.
Bitcoin as 'Digital Gold'
White House digital asset policy advisor Bo Hines confirmed efforts to establish a strategic Bitcoin reserve. This move follows an executive order from March that did not mandate Treasury disclosures. The government is expected to make its holdings public and is inclined to accumulate Bitcoin without impacting budget deficits. Hines also mentioned a forthcoming legislative draft targeting the digital asset market, highlighting Bitcoin's recognition as 'digital gold,' indicating its long-term value.
Market and Historical Growth of Bitcoin
As of June 27, 2025, Bitcoin's price stands at $107,549.27 with a market cap exceeding $2 trillion. Bitcoin holds a 65.02% market dominance, with a maximum supply capped at 21 million. In the last 90 days, Bitcoin's price has increased by 28.07%, signaling growing institutional interest ahead of potential U.S. reserve actions.
Impact on Global Cryptocurrency Market
Research indicates that formal U.S. Bitcoin holdings could legitimize cryptocurrencies within institutional portfolios, potentially prompting regulatory adaptations globally. This strategic shift and regulatory framework may require a reevaluation of Bitcoin's role both economically and technologically in the U.S.
The establishment of a Bitcoin strategic reserve in the U.S. may not only alter domestic financial policy but also influence the global cryptocurrency market, prompting other nations to reconsider their approaches to digital assets.
